All Article articles – Page 22
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ArticleSellpy grew 35% in 2024 but is unprofitable
The Swedish online company increased its turnover to €160 million in 2024, but at the same time, the company’s losses increased.
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ArticleLager 157 made €43m in profit 2024
Sales increased by 28 percent and landed at SEK 3.5 billion. Pre-tax profit was close to half a billion kronor but ultimately landed at SEK 478 million (€43 million).
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ArticleAs ‘Win Now’ strategy gains traction, Nike’s Q4 FY25 likely hits a low
At FY end, Nike’s inventories were essentially flat at $7,489 million versus $7,519 million a year earlier. Despite the dreadful numbers, Nike shares increased 9.6 percent in after-hours trading.
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ArticleIntersport Nordic transaction completed
Intersport Sweden and Intersport Denmark have merged.
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ArticleSwedish sports industry survey predicts positive summer 2025 prospects
Consumers are looking forward to an active summer, the recurring survey from trade organization Svenskt Sportforum, said.
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ArticleQ3 sales for KMD Brands decline, e-commerce grows
The outdoor and sportswear group saw e-commerce growth and stronger June sales, despite weather-related setbacks in its core brands.
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ArticleAsics to ramp up manufacturing in India
Asics will be ramping up Indian manufacturing from 30 to 40 percent over the next few years to ensure steady supply, a top executive has told Reuters, the country’s regulations forcing global brands to pause imports of footwear. The Indian government has mandated certain standards for various footwear segments, requiring ...
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ArticleFirst stores for DTC footwear brand Oofos
An Oofos location in Virginia has opened and the active recovery brand will open locations in Georgia and Florida later this month.
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ArticleFanatics and FC Internazionale in long-time partnership
The companies will implement Fanatics’ vertical commerce model, local expertise, and global infrastructure, to raise the sell-through of FC Internazionale products worldwide
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ArticleDb adds Haaland, Witzøe as strategic investors
Two well-known Scandinavian figures have been welcomed by the Norwegian bag and travel gear company to support its global expansion and brand positioning.
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Article3G Capital’s $10bn takeover drives Skechers off stock market
Skechers’ long-term borrowings are expected to rise from $82 million to over $6.2 billion.
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ArticleXXL suspends payments, is bankruptcy imminent?
The hard-hit sports chain responds to SGI Europe’s questions following recent reports that the company has stopped paying its supplier invoices.
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ArticleFirst J.Lindeberg womens fashion collection ever to be released in 2026
To celebrate 30 years of collections, J.Lindeberg is introducing “A Day in the Lifestyle” and its first Women’s Wear SS26 collection.
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ArticleFootjoy celebrates 80 consecutive years
The golf shoe company celebrates by producing exclusive models available directly to consumers all around the world.
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ArticleSporting Goods Industry Dynamics’s second volume now released
The second volume of Eugenio Di Maria’s major reference work exploring global sporting goods and outdoor industry developments has been published.
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ArticleOlympism365 Summit convenes in Lausanne and sets new commitments
The initiatives are expected to generate US$200 million of investment over the next four years to build a better world through sport.
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ArticleDecathlon opens Rebike shop-in-shop in Leipzig
The sports retailer has expended sustainable mobility efforts with a new refurbished e-bike outlet and repair services in eastern Germany.
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ArticleZumiez starts Q2 slowly as international business lags
Comparable sales for North America increased by 5.1 percent in the period while comparable international sales slumped by 14.8 percent.
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ArticleLululemon cuts FY forecasts as Trump tariff policy starts to hurt
The company now expects annual profit between $14.58 and $14.78 per share, compared with previous guidance of $14.95-$15.15.
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ArticleHummel is back in the black; CEO: ‘We will keep focus on our core win zones’
The Danish sports brand has turned a profit after some tough years. SGI Europe has spoken to the CEO to find out how.
